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Strategies & Market Trends : Ride the Tiger with CD

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Claude Cormier
jaubin
northerner3
To: northerner3 who wrote (263670)10/11/2018 1:41:39 PM
From: UPTICK3 Recommendations   of 312498
 
Vanadium
As Energy Fuels is about to ramp up its Vanadium business, it merits taking a look at what Largo Resources is saying about the V market. From today's news release:

"Vanadium prices continue to surpass decade high averages with the latest European Metal Bulletin price range for V2O5 posted during the week of October 5, 2018 being US$22.25-$23.00/lb. As announced in February (see press release dated February 12, 2018), the enforcement of China's new rebar standard and the central government's special action to cut down "substandard steels" comes into effect next month which, in the Company's view, should add further pressure to the vanadium market. "
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